AIRLINK 62.48 Increased By ▲ 2.05 (3.39%)
BOP 5.36 Increased By ▲ 0.01 (0.19%)
CNERGY 4.58 Decreased By ▼ -0.02 (-0.43%)
DFML 15.50 Increased By ▲ 0.66 (4.45%)
DGKC 66.40 Increased By ▲ 1.60 (2.47%)
FCCL 17.59 Increased By ▲ 0.73 (4.33%)
FFBL 27.70 Increased By ▲ 2.95 (11.92%)
FFL 9.27 Increased By ▲ 0.21 (2.32%)
GGL 10.06 Increased By ▲ 0.10 (1%)
HBL 105.70 Increased By ▲ 1.49 (1.43%)
HUBC 122.30 Increased By ▲ 4.78 (4.07%)
HUMNL 6.60 Increased By ▲ 0.06 (0.92%)
KEL 4.50 Decreased By ▼ -0.05 (-1.1%)
KOSM 4.48 Decreased By ▼ -0.09 (-1.97%)
MLCF 36.20 Increased By ▲ 0.79 (2.23%)
OGDC 122.92 Increased By ▲ 0.53 (0.43%)
PAEL 23.00 Increased By ▲ 1.09 (4.97%)
PIAA 29.34 Increased By ▲ 2.05 (7.51%)
PIBTL 5.80 Decreased By ▼ -0.14 (-2.36%)
PPL 107.50 Increased By ▲ 0.13 (0.12%)
PRL 27.25 Increased By ▲ 0.74 (2.79%)
PTC 18.07 Increased By ▲ 1.97 (12.24%)
SEARL 53.00 Decreased By ▼ -0.63 (-1.17%)
SNGP 63.21 Increased By ▲ 2.01 (3.28%)
SSGC 10.80 Increased By ▲ 0.05 (0.47%)
TELE 9.20 Increased By ▲ 0.71 (8.36%)
TPLP 11.44 Increased By ▲ 0.86 (8.13%)
TRG 70.86 Increased By ▲ 0.95 (1.36%)
UNITY 23.62 Increased By ▲ 0.11 (0.47%)
WTL 1.28 No Change ▼ 0.00 (0%)
BR100 6,941 Increased By 63.6 (0.92%)
BR30 22,802 Increased By 233 (1.03%)
KSE100 67,142 Increased By 594.3 (0.89%)
KSE30 22,090 Increased By 175.1 (0.8%)

LOS ANGELES: The scandal-hit group behind Hollywood's Golden Globes has approved a bid to spin off the lucrative film and television awards show into a new, for-profit entity controlled by US billionaire Todd Boehly, it said Thursday.

Composed of around 100 entertainment writers with links to foreign publications, the Hollywood Foreign Press Association has been plagued by allegations of corruption, racism and amateurism.

These led to a Hollywood boycott that saw its flagship, high-profile awards show taken off the air by NBC this year.

List of key Golden Globe winners

Boehly, who has major stakes in the Los Angeles Dodgers baseball team and Chelsea soccer team, was already the HFPA's interim CEO before the members on Thursday voted to approve his proposal for a new private company controlling the Golden Globes.

"This is a historic moment for the HFPA and the Golden Globes," said HFPA president Helen Hoehne in a statement.

"We have taken a decisive step forward to transform ourselves and adapt to this increasingly competitive economic landscape for both award shows and the journalism marketplace."

The HFPA itself will remain a non-profit entity, focused on charitable efforts largely funded by the Golden Globes.

Meanwhile, Boehly's Eldridge Industries will create a new company "empowered to oversee the professionalization and modernization of the Golden Globe Awards."

New Golden Globes voters from beyond the HFPA will be added "to increase the size and diversity of the available voters for the annual awards," said the statement.

Hollywood largely silent on Golden Globe nominations amid controversy

The awards have traditionally been second only to the Oscars in Hollywood, at least in terms of prominence and publicity.

Thursday's vote follows months of fierce debate and internal reviews of Boehly's offer and alternative proposals.

But it is unlikely to end the controversy surrounding the Globes.

NBC has not yet confirmed it will broadcast the Globes next year despite the group's previous attempts at reforms, and several powerful Hollywood publicists continue to hold back their star clients from HFPA events.

Critics have alleged that Boehly's takeover raises new legal and ethical issues, noting that it could further reduce transparency, and create a "two-tier" system between HFPA members and outside voters, who are expected to predominantly be from minority backgrounds.

Eldridge Industries already owns MRC, which produces the Golden Globes ceremony, and has a stake in the Beverly Hilton hotel, where the awards are held.

According to the Los Angeles Times, the move still requires a final sign-off from California's attorney general.

The HFPA did not respond to AFP's request for further comment.

Comments

Comments are closed.